Daily Market Wrap: September 6, 2012 Thursday, September 6, 4:03 PM ET
Some hopeful signs for the economy, including a better than expected jobless claims report, sent stocks higher today as did remarks by ECB President Mario Draghi.
The number of Americans filing for unemployment benefits dropped 12,000 last week, to a seasonally adjusted 365,000, according to the Labor Department.
Meanwhile, the four-week moving average for new claims ticked up to 371,000.
The Institute for Supply Management's non-manufacturing report showed that the pace of growth in the services sector rose to 53.7 in August. That reading was better than economists expected.
The ADP employment report indicates that 201,000 private sector jobs were added in August, while far exceeded the expectation of 145,000 new jobs.
Meanwhile, the number of planned layoffs hit a 20-month low in August, as employers announced 32,239 planned job cuts last month, according to Challenger Gray and Christmas.
Tomorrow, we'll take a look at the all important monthly government jobs report as well as earnings from Kroger (NYSE:
For Marketnewsvideo.com, I'm Sayoko Murase.
Friday Sector Laggards: Precious Metals, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: ANV, SVLC, CENX, CLF
Friday Sector Leaders: Sporting Goods & Activities, Manufacturing Stocks
Related symbols: WBAI, SNOW, INFN, PLCM
Thursday Sector Leaders: Airlines, Railroads
Related symbols: GOL, LUV, PWX, UNP
Friday's ETF with Unusual Volume: KIE
Related symbols: KIE, MET, AIG, MBI, GNW
Friday's ETF Movers: FDN, GDXJ
Related symbols: ETFC, P, ANV, AGI, GDXJ, FDN
EEM, CMDT: Big ETF Outflows
Related symbols: EEM, CMDT, BAP, MBT
Daily Dividend Report: INTC, CMS, WES, ALE, SBUX, PH, POM, CNW, FUL
Related symbols: INTC, CMS, WES, ALE, SBUX, PH, POM, CNW, FUL
Daily Dividend Report: MWE, ALK, GM, ADP, AEP, BHI, BRO
Related symbols: MWE, ALK, GM, ADP, AEP, BHI, BRO
Daily Dividend Report: O, OGS, FE, EQT, CIT, NRP, BGG
Related symbols: O, OGS, FE, EQT, CIT, NRP, BGG
Weekly Market Wrap: January 9, 2015
Related symbols: BAC, SAN, AAPL, CL, MET, COG, DDR
Weekly Market Wrap: January 2, 2015
Related symbols: BAC, AAPL, GE, SIRI, DOC, TCFC, NYRT, PNC
Weekly Market Wrap: December 26, 2014
Related symbols: BAC, AAPL, RAD, GILD, GRPN
Week Ahead Market Report: January 12, 2015
Related symbols: NPSP, BAC, AAPL, MU, CSCO
Week Ahead Market Report: December 29, 2014
Related symbols: BAC, AAPL, RAD, SIRI, ACHI, GAME, EXPO
Week Ahead Market Report: December 22, 2014
Related symbols: GILD, ACHN, RAD, BAC, CAMP, WAG, SCS
All videos » |
Stock market definitions »
Daily Market Wrap: September 6, 2012
| Market News Video | Copyright © 2008 - 2015, All Rights Reserved
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.